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Conveyancing and other property related news

All the latest news and updates from the conveyancing and property world

Conveyancers rapped over the way they communicate with ‘nervous breakdown’ buyers and sellers (PIE)

The home-buying process is an “imperfect market” that conveyancers must brush up their communication skills.

Rob Hailstone December 2, 2016

HSBC Introduces Independent Advice Requirements for ‘Unequal’ Borrowers (IC)

In a recent change to their CML Handbook Part 2 requirements, HSBC have imposed new obligations on their conveyancing panel when it comes to advising joint borrowers.

Rob Hailstone December 2, 2016

CLC Business Plan for 2017 and Annual Regulatory Return Analysis Published (IC)

The CLC has published two documents that will underpin its work in 2017 and beyond: the Annual Regulatory Return Analysis 2016 and its business plan for 2017.

Rob Hailstone November 30, 2016

Don’t doubt value of money laundering prevention (TC)

Due to conveyancing transactions usually being of high value as well as their ability to take place without raising suspicion, they are a favoured method of laundering money.

Rob Hailstone November 29, 2016

Original documents no longer needed for first registration lodgements (TC)

Conveyancers can now lodge first registration applications without the need for original deeds and documents being sent.

Rob Hailstone November 29, 2016

Firm warns of “wave of litigation” against new-build conveyancers (EAT)

A firm is warning of “a wave of litigation from home owners who were given inadequate advice from their solicitors or valuers.”

Rob Hailstone November 29, 2016

Sales to First Time Buyers at Highest Level on Record (IC)

A third of sales in October were made to first time buyers.

Rob Hailstone November 29, 2016

ABS “engenders more entrepreneurialism” among conveyancers (LF)

Alternative business structures are far more likely to invest in their businesses than non-ABSs, research in the licensed conveyancer community has suggested.

Rob Hailstone November 29, 2016

Leasehold group wants conveyancers’ home moving reforms to go further (EAT)

Leaseholds Solution – the company behind the Association of Leasehold Enfranchisement Practitioners – says it wants recent proposals to modernise the home moving process to go further.

Rob Hailstone November 28, 2016

Japanese Knotweed : Knot Disclosing to Lenders (IC)

Three lenders followed HSBC’s lead in using the CML Handbook Part 2 to set out their conveyancing instructions relating to Japanese Knotweed.

Rob Hailstone November 28, 2016

Proposed rules for Lifetime ISA published by FCA (TC)

The proposed approach to regulating the promotion and distribution of the Lifetime ISA (LISA) has been announced by the Financial Conduct Authority.

Rob Hailstone November 28, 2016

SRA seeks help to encourage legal comparison websites (LF)

The Solicitors Regulation Authority has asked the Competition and Markets Authority for advice on how it could stimulate more use of comparison websites in the legal market.

Rob Hailstone November 28, 2016

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